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HeatMatrix Group
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Developer of corrosion and fouling resistant polymer Heat-Exchanger / Air PreHeater for Waste Heat Recovery applications

Founded in 2008
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy recovery

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Netherlands Geldermalsen, Netherlands
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Updated by Frank Tielens at HeatMatrix Group on 10/20/2015

Edited by Cleantech Group on 12/04/2024

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Date Company
01/23/2015

Smurfit Kappa Smurfit Kappa

Waste heat recovery / energy efficiency at their biogas co-fired boiler

Confirmed by Smurfit Kappa
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Date Partner Type
12/21/2014
Durr Systems Durr Systems
Waste heat recovery / energy-efficiency at their incinerators/RTOs
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Confirmed by Durr Systems
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Date Investors Type Amount
04/10/2014 Dutch Greentech Fund Dutch Greentech Fund , Sirius Venture Partners Sirius Venture Partners , Dürr AG Dürr AG , Innovation and Investment Fund Gelderland (IIG) Innovation and Investment Fund Gelderland (IIG) (4)
Post-money valuation of
HeatMatrix raised € 2.4 million in series B from lead investor Dutch Greentech Fund supported by Innovation and Investment fund Gelderland and existing investors Sirius and Dürr
 Series B $3,265,356
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Boxed LUVO

Gas / Gas heat exchanger to recover waste heat from flue gas and preheat combustion air in order to have direct energy savings.

 Wide Commercial Availability Products - Wholesale
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